Hey, Ross here:
Welcome back.
Hope you all had a great long weekend celebrating the birthday of the greatest country in the world.
The major indexes surged to new all-time highs last Thursday – kicking off the celebration.
Let’s start the new week by looking at some market internals, specifically market breadth.
Chart of the Day
This table is basically a “breadth scorecard” for the stock market.
And it’s not just concentrated on the large cap stocks – indexes like the S&P 400, S&P 600, and S&P 1500 – not to mention the entire NYSE – includes stocks from small to large.
As you can see, across almost every breadth timeframe, the readings are healthy.
Sure, some of the longest-term breadth readings – based on the 200-day moving average – still have a ways to go.
But they’re not in worrisome territory at all – they’re just catching up.
All in all, I like what I’m seeing.
Further, the breakout I predicted in the Equal-Weight S&P 500 has been going strong – another testament to healthy breadth.
We might see a bit of a pullback in the next few days, but things are still progressing nicely.
And as I explain below – there are still buyers left in the market.
P.S No need to wait for email – get this newsletter straight in your inbox. Just text the word “trade” to 87858.
Insight of the Day
A glance at the headlines is all you need to know there are still buyers left.
Take a look at some of the financial headlines from the past few days.
There are a few talking about how the market has hit “overbought” territory…
How the expiration of Trump’s tariff deadlines are going to bring it all back down again…
And how traders are acting “manic”.
In short – fear and negativity is the dominant tone.
And while you may be unaffected, I promise you many others are.
They’ll be staying out of the market…
And that means there are still buyers on the sidelines.
Let’s use that to our advantage.
Tomorrow, Tuesday July 8, at 11 a.m. Eastern…
I’m going LIVE to show you a pocket of stocks that could still be on the verge of big breakouts…
The kind that could potentially deliver 100+% upside.
I’ll demonstrate how to target these stocks using a proven explosive setup…
Setups that have led to gains of 63% in 7 weeks… 270% in 10 weeks… 177% in 11 days… and even 148% in just 2 days.
With the market having just hit new highs and many buyers still on the sidelines, there’s still a lot of opportunity left.
Let me show you how to seize it.
Click here to secure your seat for my live demo tomorrow…
And I’ll see you Tuesday morning at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, download the presentation app now so you don’t miss anything when it starts.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Ross is super knowledgeable about the market and takes the time to educate users on the trading patterns. I love his services and they have helped me grow my accounts. Thank you Ross and staff!”
Ross Givens
Editor, Stock Surge Daily
